The Garage 288
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NEWS 12<br />
SHAFTEC TO ACCELERATE EUROPEAN<br />
GROWTH FUELLED BY INVESTMENT<br />
FROM ARDENTON CAPITAL<br />
Shaftec has today<br />
announced that longterm<br />
investment<br />
company Ardenton<br />
Capital is to invest in<br />
its business. This will allow<br />
the UK’s leading remanufacturer<br />
of Transmission, Braking<br />
& Steering components<br />
to accelerate its business<br />
growth further into new European<br />
markets and extend<br />
brand awareness, while continuing<br />
provide excellent customer<br />
service to its existing<br />
loyal customer base.<br />
Shaftec Managing Director,<br />
Robert Jones, who founded<br />
the business 23 years ago,<br />
commented: “Whilst it’s business<br />
as usual for our customers,<br />
these are exciting times<br />
for Shaftec. <strong>The</strong> investment<br />
from Ardenton Capital will<br />
help support the business<br />
as we develop our strategic<br />
vision for the brand and implement<br />
our expansion plans<br />
into new European markets.<br />
Sharing our ethos for long<br />
term, sustainable growth -<br />
Ardenton are our partner of<br />
choice.”<br />
Iain Marlow, Director of<br />
Ardenton UK, said: “We seek<br />
to partner with exceptional<br />
management teams who<br />
demonstrate a clear passion<br />
for their business and are<br />
committed to long term and<br />
sustainable growth. Shaftec<br />
is a true market leader and<br />
its success to date is a testament<br />
to the operational excellence<br />
and dedication of its<br />
management team.”<br />
Tom Curtis, Shaftec Sales<br />
Director added: “We pride<br />
12, 13 News.indd 1 14/01/2019 09:47